Real Estate in Cambodia
Last updated on Feb 11, 2023
Summary: An expat should search for a home to buy in Cambodia by researching the local real estate market and consulting with a real estate agent who is familiar with the area. It is important to consider the location, size, and price of the property. Foreigners are allowed to own property in Cambodia, but there are restrictions on the type of property that can be purchased. Foreigners are not allowed to own land, but they can purchase condominiums, apartments, and villas. Houses in Cambodia typically include basic amenities such as running water, electricity, and air conditioning. Some houses may also include additional amenities such as a swimming pool, garden, or terrace.
How do I find a place to live in Cambodia?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Cambodia is to use online resources such as websites like Expat.com, Cambodia Expat Network, and Cambodia Property. These websites provide listings of available properties, as well as information about the local rental market. Additionally, it is possible to find a place to live by asking around in the local community, as many people in Cambodia are willing to rent out their homes. Finally, it is also possible to find a place to live by contacting a real estate agent, who can help you find a suitable property," said one person in Cambodia.
What is a typical expat home or apartment like in Cambodia?
"Expat homes and apartments in Cambodia tend to be modern and comfortable, with air conditioning, internet access, and other amenities. Many expats choose to live in gated communities, which offer a greater sense of security and privacy. Expat homes and apartments often come with a variety of amenities, such as swimming pools, gyms, and other recreational facilities. Expats also have access to a wide range of international restaurants, bars, and shops," said one person in Cambodia.
What is the average cost of housing in Cambodia?
If you are thinking about moving to Cambodia, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Cambodia varies depending on the location and type of accommodation. Generally, renting a one-bedroom apartment in a city center can cost around $200 to $400 per month, while a two-bedroom apartment can cost around $300 to $500 per month. Outside of the city center, prices can be significantly lower," said one person in Cambodia.
Should I buy or rent a home in Cambodia?
If you have not spent a lot of time in Cambodia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Cambodia can be a great investment, as property prices are still relatively low. However, it is important to consider the costs associated with buying a home, such as legal fees, taxes, and other associated costs. Renting a home in Cambodia can be a more cost-effective option, as it allows you to avoid the upfront costs associated with buying a home. Additionally, renting a home can provide more flexibility, as you can move to a different location more easily. Ultimately, the decision to buy or rent a home in Cambodia should be based on your individual needs and financial situation," explained one person living in Cambodia.
What do I need to know when buying property in Cambodia?
When we asked expats what advice they would give a foreigner before buying a property in Cambodia, they said:
"1. It is important to research the local laws and regulations regarding property ownership in Cambodia before making any purchase. 2. It is advisable to hire a local lawyer to assist with the purchase process and to ensure that all legal requirements are met. 3. It is important to ensure that the property is free from any liens or encumbrances before making a purchase. 4. It is important to obtain a title deed for the property, which will provide proof of ownership. 5. It is important to be aware of the taxes and fees associated with purchasing property in Cambodia. 6. It is important to be aware of the local customs and traditions when purchasing property in Cambodia. 7. It is important to be aware of the potential risks associated with purchasing property in Cambodia, such as political instability and corruption," said one person in Cambodia.
Are foreigners allowed to own property in Cambodia?
When we asked expats what advice they would give a foreigner before buying a property in Cambodia, they said...
"Yes, foreigners are allowed to own property in Cambodia. The Cambodian government has implemented a number of laws and regulations that allow foreign nationals to purchase and own property in the country. Foreigners can purchase land and buildings, as well as lease land for up to 50 years. However, they are not allowed to own land outright, and must register their property with the Ministry of Land Management, Urban Planning and Construction. Additionally, foreign nationals must obtain a valid visa and work permit before they can purchase property in Cambodia," said one in Cambodia.
What appliances are typically included in a rental?
We asked foreigners in Cambodia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Cambodia, rental properties typically include a refrigerator, stove, and washing machine. Other common appliances may include an air conditioner, water heater, and microwave. Depending on the property, some landlords may also provide furniture such as beds, tables, and chairs," explained one foreigner living in Cambodia.
Additional Information about Searching for a Home in Cambodia:
We asked foreigners in Cambodia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Cambodia by looking online for real estate websites that specialize in the area, such as Cambodia Property, or by contacting a local real estate agent who can provide more information about the local market. Additionally, expats can search for homes in Cambodia by attending open houses or by networking with other expats who may have knowledge of the local housing market," said one person in Cambodia.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
- How do I meet people in Cambodia?
- What is life like as an expat in your area?
- Is there a lot of crime in Cambodia?
- What do I need to know before retiring in Cambodia?
- Is there a lot of diversity? Are people in Cambodia accepting of differences?
- What are the schools in Cambodia like?
- Is the cost of living in Cambodia high?
- What advice do you have for expats having a baby in Cambodia?
- What are healthcare services like in Cambodia?
- Is the cost of living in Cambodia high?
- What type of recreational facilities are in Cambodia?
- What is the weather like in Cambodia?
- Are there good restaurants in Cambodia?
- Where will I buy groceries and do other shopping in Cambodia?
- What are the visa & residency requirements in Cambodia?
- Are healthcare and health insurance expensive in Cambodia?
- What do I need to know when buying property in Cambodia?
- Are foreigners allowed to own property in Cambodia?
- What appliances are typically included in a rental?